Donear Industries Balance Sheet Health
Financial Health criteria checks 4/6
Donear Industries has a total shareholder equity of ₹1.8B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 184.1%. Its total assets and total liabilities are ₹6.9B and ₹5.1B respectively. Donear Industries's EBIT is ₹623.8M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹129.2M.
Key information
184.1%
Debt to equity ratio
₹3.34b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹129.23m |
| Equity | ₹1.82b |
| Total liabilities | ₹5.08b |
| Total assets | ₹6.90b |
Recent financial health updates
Here's Why Donear Industries (NSE:DONEAR) Has A Meaningful Debt Burden
Dec 12
Is Donear Industries (NSE:DONEAR) A Risky Investment?
Jul 01These 4 Measures Indicate That Donear Industries (NSE:DONEAR) Is Using Debt Extensively
Mar 23Donear Industries (NSE:DONEAR) Has A Somewhat Strained Balance Sheet
Dec 08Recent updates
Donear Industries (NSE:DONEAR) Is Paying Out A Dividend Of ₹0.20
Sep 10Donear Industries' (NSE:DONEAR) Dividend Will Be ₹0.20
Aug 27Do Donear Industries' (NSE:DONEAR) Earnings Warrant Your Attention?
May 23Donear Industries (NSE:DONEAR) Is Reinvesting To Multiply In Value
Mar 04Here's Why Donear Industries (NSE:DONEAR) Has A Meaningful Debt Burden
Dec 12Donear Industries (NSE:DONEAR) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 21Capital Investment Trends At Donear Industries (NSE:DONEAR) Look Strong
Sep 09Donear Industries (NSE:DONEAR) Knows How To Allocate Capital
May 12Returns On Capital At Donear Industries (NSE:DONEAR) Paint A Concerning Picture
Dec 21Donear Industries (NSE:DONEAR) Has Re-Affirmed Its Dividend Of ₹0.20
Sep 01Be Wary Of Donear Industries (NSE:DONEAR) And Its Returns On Capital
Aug 27Is Donear Industries (NSE:DONEAR) A Risky Investment?
Jul 01These 4 Measures Indicate That Donear Industries (NSE:DONEAR) Is Using Debt Extensively
Mar 23How Has Donear Industries (NSE:DONEAR) Allocated Its Capital?
Feb 16Should You Buy Donear Industries Limited (NSE:DONEAR) For Its Dividend?
Jan 12
Donear Industries (NSE:DONEAR) Has A Somewhat Strained Balance Sheet
Dec 08The Returns At Donear Industries (NSE:DONEAR) Provide Us With Signs Of What's To Come
Nov 04Can Donear Industries Limited (NSE:DONEAR) Improve Its Returns?
Oct 09Donear Industries Limited (NSE:DONEAR) Looks Interesting, And It's About To Pay A Dividend
Sep 12How Does Donear Industries Limited (NSE:DONEAR) Fare As A Dividend Stock?
Aug 30Financial Position Analysis
Short Term Liabilities: DONEAR's short term assets (₹5.8B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: DONEAR's short term assets (₹5.8B) exceed its long term liabilities (₹486.3M).
Debt to Equity History and Analysis
Debt Level: DONEAR's net debt to equity ratio (177%) is considered high.
Reducing Debt: DONEAR's debt to equity ratio has reduced from 288.1% to 184.1% over the past 5 years.
Debt Coverage: DONEAR's debt is well covered by operating cash flow (24.3%).
Interest Coverage: DONEAR's interest payments on its debt are not well covered by EBIT (2.4x coverage).